PREVIEW

... entry point on credit rating agencies, bluntly saying that these companies are not doing well, and they give up the exploration of objective truth for the sake of money, putting the entire CDO market in a dangerous situation.

It is now February 2005. Over the past four years, due to the continued prosperity of the US housing market and the low level of US interest rates in the past few years, the US subprime mortgage market has developed rapidly. Seeing the benefits, the businessmen rush ...

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